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(Sobha) Sobha complete technical analysis [charts+indicators] | Buy/Sell Sobha | (Sobha) share price targets

Complete technical analysis of Sobha (Sobha) by charts plus indicators, forecast predictions and share price targets for Sobha (Sobha)

Showing technical analysis as on 2024-04-03 View latest technical analysis

10 day averaged volume of Sobha is 22801

Date Daily Closing Price Open High Low Volume
03 Wed Apr 2024 1562.90 1568.00 1597.65 1535.05 0.235 times
02 Tue Apr 2024 1567.80 1528.60 1583.15 1527.45 1.019 times
01 Mon Apr 2024 1546.30 1437.60 1551.00 1426.85 0.957 times
28 Thu Mar 2024 1444.25 1440.15 1465.15 1433.95 0.252 times
27 Wed Mar 2024 1428.50 1454.90 1517.00 1411.30 0.469 times
26 Tue Mar 2024 1430.20 1472.45 1490.90 1417.25 0.452 times
22 Fri Mar 2024 1473.95 1398.00 1514.95 1365.95 1.83 times
21 Thu Mar 2024 1402.15 1276.15 1415.00 1256.30 2.772 times
20 Wed Mar 2024 1252.20 1256.00 1299.00 1240.90 0.658 times
19 Tue Mar 2024 1256.75 1314.95 1314.95 1244.75 0.306 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1548.2, but if it comes below 1548.2, then a intra day sell could be more profitable.
If you take a sell trade below 1548.2, then use 1548.2 as stoploss and 1427.07 as target. However if you take a buy trade in stock , then use 1548.2 as stoploss and 1693.6 as target.

Share price targets for Sobha (Sobha)

Target Type Value
Downside Target 909.00
Downside Target 989.30
Downside Target 1088.00
Downside Target 1207.40
Downside Target 1258.95
Downside Target 1411.30
Downside Target 1466.00
Downside Target 1514.95
Upside Target 1577.35
Upside Target 1597.65
Upside Target 1655.20
Upside Target 1677.60

Intraday share price targets for Sobha (Sobha)

Target Type Value
Downside Intraday Target 1460.62
Downside Intraday Target 1358.33
Upside Intraday Target 1631.42
Upside Intraday Target 1699.93
Downside Intraday Target 1529.13

Weekly technical analysis of Sobha (Sobha)

Date Weekly Closing Price Open High Low Volume
03 Wed Apr 2024 1562.90 1437.60 1597.65 1426.85 1.883 times
28 Thu Mar 2024 1444.25 1472.45 1517.00 1411.30 0.171 times
22 Fri Mar 2024 1473.95 1232.45 1514.95 1207.40 1.218 times
15 Fri Mar 2024 1244.20 1518.00 1518.00 1230.00 2.71 times
07 Thu Mar 2024 1520.40 1638.80 1655.20 1466.00 0.368 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sobha (Sobha)

Date Monthly Closing Price Open High Low Volume
03 Wed Apr 2024 1562.90 1437.60 1597.65 1426.85 0.132 times
28 Thu Mar 2024 1444.25 1589.95 1655.20 1207.40 0.941 times
29 Thu Feb 2024 1566.10 1447.90 1677.60 1258.95 0.247 times
31 Wed Jan 2024 1446.90 1005.30 1577.35 989.30 2.246 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sobha (Sobha)

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobha in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sobha Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sobha in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sobha is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1443.32 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sobha ( (Sobha) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sobha stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sobha in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sobha Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sobha in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sobha is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1443.32 and Sobha (Sobha) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sobha (Sobha) stock. Volume based technical analysis of Sobha (Sobha) stock is negative.

Sobha Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sobha charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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